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Events

Home Events
“Is the Chinese Anti-Corruption Campaign Authentic?” by Professor John Griffin
13Mar
SEF Seminar Calendar, Seminar

“Is the Chinese Anti-Corruption Campaign Authentic?” by Professor John Griffin

13 Mar 2019 | 11:00 am - 12:30 pm
1121, K. K. Leung Building
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Speaker:
Professor John Griffin
Professor
McCombs School of Business
The University of Texas at Austin

 

Abstract:

This paper examines whether the massive Chinese anti-corruption campaign is ensnaring corrupt firms, contains a political component, and is reducing corporate corruption. Consistent with the campaign’s stated objectives, Chinese firms with characteristics commonly associated with measures of poor governance, self-dealing, and inefficiencies are more likely to have executives investigated. However, affiliations with prominent investigated political leaders increase investigation likelihood and executives with connections to top current central leadership are less likely to be investigated, possibly indicating political favoritism. Over time, except for reported entertainment expenditures, there has been little overall decreases in measures of potential corporate corruption.

 

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About Speaker
Professor John Griffin

Professor McCombs School of Business The University of Texas at Austin

“Is the Chinese Anti-Corruption Campaign Authentic?” by Professor John Griffin
13 Mar 201911:00 am - 12:30 pm
1121, K. K. Leung Building
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